Here's how much you would have earned by owning ONEOK shares over the past 20 years
ONEOK OKE has outperformed the market over the past 20 years by 2.02% on an annualized basis, producing an average annual return of 9.55%. Currently, ONEOK has a market cap of $26.53 billion.
Buy $100 worth of OKE: If an investor had bought $100 worth of OKE stock 20 years ago, it would be worth $617.15 today based on a price $59.38 for OKE at time of writing.
Performance of ONEOK over the past 20 yearsFinally -- what's the point of all this? The key takeaway from this article is to note the difference compounding returns can make in your cash flow growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
ONEOK OKE has outperformed the market over the past 20 years by 2.02% on an annualized basis, producing an average annual return of 9.55%. Currently, ONEOK has a market cap of $26.53 billion.
Buy $100 worth of OKE: If an investor had bought $100 worth of OKE stock 20 years ago, it would be worth $617.15 today based on a price $59.38 for OKE at time of writing.
Performance of ONEOK over the past 20 yearsFinally -- what's the point of all this? The key takeaway from this article is to note the difference compounding returns can make in your cash flow growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
What's Your Reaction?